The Nigerian Local Content Development and Enforcement Commission Bill, 2020, (the “Bill”) is seeking to repeal the Nigerian Oil and Gas Industry Content Act, 2010 (hereinafter referred to as the “Act”). This shortsighted initiative emerged out of the misconstrued perception of the true purpose behind the issuance of the Executive Order 03 signed by the President of the Federal Republic of Nigeria seemingly in support of Local Content, which mandates all Ministries, Departments and Agencies (MDAs) to grant preference to local manufacturers of goods and service providers in their procurement of goods and services. Also, another misconception is the proclamation entitled “Presidential Executive Order for Planning and Execution of Projects, Promotion of Nigerian Content in Contracts and Science, Engineering and Technology,’’ by President Muhammadu Buhari, pursuant to the authority vested in him by the Constitution, which was signed on Friday, February 2, 2018, the Executive Order No. 5 (“EO5”) by which all Ministries, Departments and Agencies (“MDAs”) of Government were directed to engage indigenous professionals in the planning, design and execution of National Security projects and maximize in-country capacity in all contracts and transactions with science, engineering and technology components. These are directives which can be easily actualized through the simple release of Guidelines or modalities to that effect by the concerned MDAs without the need to enact a new Local Content Law, let alone repeal the existing Act. While this move introduced by the Bill could be considered as remotely development-driven on the surface, however, its bid to repeal the hitherto existing NOGICD Act, by establishing a Local Content Commission and expanding the scope of Local Content into all other Sectors of the economy, will only result in the furtherance of unwarranted bureaucratic bottlenecks, which will hamper the much desired rapid growth of the economy if assented to. This work exposes the attendant shortfalls of the Bill, along with the impracticability of the innovations it seeks to import into the economic structure of the country and expound on why efforts should rather be channeled along the lane of properly revamping the NOGICD Act already before the House of Representative and undergoing some salient modifications, rather than obliterating it completely.